iBill being SOLD - - - ??
 

not sure if this is old news to you all or not...

but I just read it on another board - that iBill is
being sold....

I haven't read the articles through yet...

here you go (vicki first posted them)

http://news.moneycentral.msn.com/tic...Symbol=US:ICPT

http://biz.yahoo.com/rc/040211/finan...tercept_2.html



~Bell

Looks like they're selling for $35M, I would have thought it they were valued higher

With all the changes in the biz, all the different payment options closing, I wonder where this will leave us

They arent the company they use to be, they were taken over by another company that bought the entire netwrok of companies which included iBill like 2 years ago I believe, at that point is when they took a pretty big shit.

this has been the worst year for billing companies ever|pcsucks|

At least it'll now be owned by ppl who actually want to own it... could be a good thing...

That's what we're hoping for. There's nothing to do but wait and see... And hope for the best but prepare for the worst. |scared|

Who knows could turn out to be excellent, the world could use at least ONE more Paycom or CCBill, it would be a good thing, I wouldnt mind getting a better deal on the processing fee's we get ripped on every week. (not to mention the inconsistant wire transfer fee's from a certain company).

One week it's $38, the next week it's $38.06, the week after that it's $43.02... Horse shit, US to US wires shouldnt cost more than $25, not to mention they sure as hell shouldnt change.

In the end, just victims of the processors :)

I've been in this business for 5+ years now and more and more I'm starting to see that those of us who do not own paysites with a merchant account are at the whim of others whether it be billing processors, link lists, search engines or what not I think that is why this business is getting harder and harder and less and less newbies are actually making it Just my 2 cents, not really blaming anyone, just making an observation here :)